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    Principles of Macroeconomics Study Set 12
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    Exam 19: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
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    When the United States Acquires Assets Abroad, It Is in Essence
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When the United States Acquires Assets Abroad, It Is in Essence

Question 214

Question 214

True/False

When the United States acquires assets abroad, it is in essence borrowing money, and foreign debts to the United States decrease.

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